Mobile Financial Services

Mobile Financial Services

Nearly 22,000 MFS accounts blocked for hundi, online gambling

The BFIU says in a meeting with commercial bankers

15h ago

Universal Pension Scheme: MFS service charge set at 0.7%

The Bangladesh Bank says in a circular

4w ago

BB allows Nagad to surrender NBFI licence

Nagad wants to establish a digital bank

bKash returns to profit

It made a profit of Tk 2.37 crore in Q2 of 2023

bKash wins ‘Fintech Pioneer Award’

The MFS provider was honoured at Bangladesh Startup Summit 2023

bKash in Kotler’s marketing book

Two case studies of mobile financial service provider bKash have been featured in a local edition of “Essentials of Modern Marketing”, a marketing book written by professor Dr. Philip Kotler

Nagad Finance PLC receives new NBFI licence

Nagad will now move to be an MFS under Nagad Finance

bKash to invest Tk 87 crore in 2023 to improve services

The MFS provider made a profit for the first time in four years

Nagad offers customers chance to win BMW car

The mega offer went live today and will continue until June 30

Grameenphone introduces bKash as preferred payment partner

Once a customer binds bKash as the preferred payment method, he/she will no longer need to put in OTP/PIN every time

bKash becomes ‘Employer of Choice’ for third year in a row

Leading mobile financial service provider bKash has once again been ranked as the number one ‘Employer of Choice’ across all sectors for the third consecutive year, according to the results of the ‘Campus Track Survey B-school: 2022’ conducted by NielsenIQ.

230 accounts of MFS providers frozen for hundi

The Bangladesh Financial Intelligence Unit (BFIU) yesterday froze 230 accounts of several mobile financial service providers as the accountholders were allegedly involved in hundi.

Users failing to get access to Nagad app accounts

The users of mobile financial service provider Nagad today said they failed to get access to their Nagad account through the app.

City Bank launches Islamic DPS savings with bKash

City Bank launched its first-ever Shariah-based savings scheme City Islamic DPS Savings today.

Nagad gets interim licence extension for sixth time

The Bangladesh Bank has once again renewed the interim licence of Nagad as the Bangladesh Post Office (BPO) could not form a subsidiary to run the mobile financial service within the deadline.

Digital payment can be used for CMSME loans: Experts

Accepting of digital payment through the personal retail account could pave the way for the country’s cottage, micro, small and medium enterprises (CMSMEs) to avail loans from banking channels, experts said today.

Fund transfer among MFS distributors to become easy

Mobile financial service providers in Bangladesh would be able to launch an inter-distributor cash management system to facilitate e-money and cash funds transfer during weekends and public holidays.

Nagad Finance gets go-ahead to run as NBFI

The Bangladesh Bank today gave go-ahead to Nagad Finance PLC to form a non-bank financial institution (NBFI).